Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    150 Proctor Rd Willard, MO 65781
    Back to Search
    Property profile & analytics

    150 Proctor Rd Willard, MO 65781

    View on Map
    • Land
    • 1.30 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 150 Proctor Rd

    Lot size
    1.30 lot acres
    Property type
    Land

    Description

    This exceptional opportunity presents two prime commercial land lots in Willard, Missouri, ideally situated on Highway 160. Boasting high visibility with over 7,600 vehicles passing daily, these lots offer unparalleled exposure for any commercial venture. Lot 1 encompasses 1.3 acres, while Lot 5 comprises 1.37 acres. Both are zoned Commercial C-2, allowing for a wide range of development possibilities. The asking price is $5.00 per square foot, totaling $283,140 for the available lots. A comprehensive survey is readily available for review, providing detailed information on lot dimensions and boundaries. The total acreage available ranges from 1.3 to 2.67 acres, offering flexibility for various commercial projects. This location in Greene County, Missouri, zip code 65781, provides easy access to Willard's thriving community and its surrounding areas. Seize this chance to establish your business in a high-traffic, highly visible location. Don't miss this opportunity to acquire prime commercial real estate in a rapidly growing market. Contact us today to schedule a viewing and explore the potential of these exceptional lots.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Willard
    County
    Greene
    State
    Missouri
    Longitude
    -93.4318
    Latitude
    37.298

    Comparable in this City

    • Value Estimation by Request
      4.07 Acres

      Proctor Rd

      Land • 4.07 Acres
      0 Proctor Rd, Willard, MO 65781
      View Details
    • Value Estimation by Request
      9.50 Acres

      3252 Cattle Ln

      Land • 9.50 Acres
      3252 Cattle Ln, Willard, MO 65781
      View Details
    • Value Estimation by Request
      162.00 Acres

      7587 State Highway Hh

      Land • 162.00 Acres
      7587 State Highway Hh, Willard, MO 65781
      View Details
    • Value Estimation by Request
      0.96 Acres

      510 Miller Rd

      VACANT COMMERCIAL LAND • 0.96 Acres
      510 Miller Rd, Willard, MO 65781-9753
      View Details
    • Value Estimation by Request
      0.86 Acres

      405 New Melville Rd

      VACANT COMMERCIAL LAND • 0.86 Acres
      405 New Melville Rd, Willard, MO 65781-9332
      View Details
    • Value Estimation by Request
      0.82 Acres

      403 New Melville Rd

      VACANT COMMERCIAL LAND • 0.82 Acres
      403 New Melville Rd, Willard, MO 65781-9332
      View Details

    Similar Nearby for Sale

    • $225,000

      Land Available in Willard, Missouri

      Land for sale at 3252 W Cattle Ln, Willard, MO.
      3252 W Cattle Ln, Willard, MO 65781
      View Details
    • $723,300

      Land Parcels Near Golf Course

      Four land parcels for sale near Highway 160.
      5825 N Farm Road 85, Willard, MO 65781
      View Details
    • $62,500
      Pending

      5-Acre Land Parcel, Willard, MO

      Pristine 5-acre parcel near Willard, MO, seller financing available.
      E 566Th Rd, Willard, MO 65781
      View Details
    • $723,300

      Land Parcels Near Willard, MO

      Four land parcels totaling approximately 169 acres near Willard.
      5825 W Farm Road 76, Willard, MO 65781
      View Details
    • $3,200,000
      118.60 Acres

      Willard Development Property For Sale

      Incredible development property in a prime location in Willard, Missouri.
      E Kime St, Willard, MO 65781
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    150 Proctor Rd
    Willard, MO 65781
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    150 Proctor Rd, Willard, MO, 65781
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!